Allstate Corp Stock Price, News & Analysis

Allstate (NYSE: ALL) has successfully completed the sale of its Group Health business to Nationwide for $1.25 billion. The transaction is expected to generate a financial book gain of approximately $500 million. This sale, combined with the previous divestment of Employer Voluntary Benefits, brings the total transaction value to $3.25 billion.

According to CEO Tom Wilson, the strategic move aims to enhance shareholder value while providing better growth opportunities for the Group Health business through its integration with Nationwide's stop-loss insurance operations.

Allstate (NYSE:ALL) has released research findings on trust in America, revealing both challenges and opportunities. The study shows that while 74% of Americans are optimistic about their communities' future and 68% participate in local community activities, trust levels vary significantly - 59% trust their neighbors but only 41% trust people in the U.S. generally.

The research highlights that community engagement and trust are strongly correlated, with 78% of high-trust individuals being community-engaged compared to 44% of low-trust individuals. The study, conducted in April 2025 with 5,000 adult participants, found that Americans are concerned about cost of living (75%), the state of the country (72%), and personal safety (64%).

Allstate Corporation (NYSE: ALL) reported catastrophe losses of $777 million ($614 million after-tax) for May 2025, with 70% of losses attributed to three major wind and hail events among 11 total catastrophic events. Combined catastrophe losses for April and May reached $1.37 billion ($1.08 billion after-tax). The company's policy data shows modest growth in most segments: Auto policies increased 0.2% year-over-year to 25.2 million, Homeowners policies grew 2.4% to 7.6 million, and Other personal lines rose 0.5% to 4.9 million. However, Commercial lines experienced a significant decline of 31.8% year-over-year to 180,000 policies. Total policies in force grew marginally by 0.4% compared to May 2024, reaching 37.9 million.

Allstate's 2025 America's Best Drivers Report reveals significant shifts in driving safety across U.S. cities. Brownsville, Texas reclaims its position as America's safest driving city, with Texas dominating safety rankings as four cities place in the top 20. Boston ranks as the riskiest driving city, where drivers are 3.5 times more likely to have collisions than the national average. The Northeast contains 7 of the 10 most collision-prone cities, while the Pacific Northwest shows major safety improvements, with Bellevue, Washington named most improved city. The Midwest experiences concerning declines, with cities like St. Louis dropping 90 spots. The data shows a widening gap between the safest and riskiest cities, with some high-risk areas seeing over 25% increase in crash rates since 2015. The average U.S. driver experiences a collision every 10.56 years.

Allstate is launching its hurricane season response initiative as new data reveals that nearly two-thirds of U.S. families lack a disaster plan. The company, having already processed over $3 billion in weather-related claims this year, is deploying 20 Mobile Claims Centers equipped with rapid-response experts, drive-in inspection bays, and aerial imagery capabilities. Allstate emphasizes proactive preparation, recommending homeowners check insurance coverage, create home inventories, secure weak points, and prevent flooding. The company's comprehensive disaster response includes on-site claims processing, emotional care resources, and predictive analytics for strategic deployment. Over the past 20 years, Allstate has handled more than 7.3 million catastrophe claims. The company offers resources like the Good Hands Recovery Guide and encourages customers to use multiple channels for filing claims, including their mobile app, website, or direct contact through 1-800-54-STORM.

Allstate (ALL) and USMNT midfielder Tyler Adams unveiled a new mini-pitch at Bell Avenue Elementary School in Yeadon, Pennsylvania, marking the second installation in their three-year partnership. The initiative, in collaboration with the U.S. Soccer Foundation, aims to provide safe play spaces for youth in underserved communities. Over 75 children participated in a youth clinic led by Black Star, a platform promoting Black representation in soccer. The event featured community activities and marks the second of three planned mini-pitch installations, following the first in Detroit in 2024. The hard-court surfaces are designed for both pickup and organized play, serving as tools to promote youth activity and public safety.

Allstate (NYSE: ALL) has announced its quarterly dividend payments for both common and preferred stockholders. The company declared a quarterly common stock dividend of $1.00 per share, payable on July 1, 2025, to stockholders of record as of June 9, 2025.

Additionally, Allstate declared approximately $29.3 million in aggregate preferred stock dividends for the period from April 15, 2025, through July 14, 2025, payable on July 15, 2025. The preferred dividends include Series H at 5.100% ($0.3187500 per share), Series I at 4.750% ($0.2968750 per share), and Series J at 7.375% ($0.4609375 per share).

Allstate Corporation (NYSE: ALL) has announced that CFO Jess Merten will present at the upcoming William Blair Growth Stock Conference on June 5, 2025, at 8:40 a.m. Central Time. Investors can access the presentation through a live webcast on www.allstateinvestors.com, where a replay will also be available after the event. The company's website serves as a hub for financial information and material announcements about Allstate.